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Solarworld to create 350 jobs

Solarworld has said it expects to create 350 jobs for two of its factory buildings within the next few months as part of its employment, equipment and manufacturing ramp in Hillsboro, Oregon, the U.S.

US: New research agreement “central” to future of solar power

A research collaboration agreement has been announced between the Sanyo Electric Group and the University of California, San Diego, the U.S. which will see a number of solar energy research projects undertaken.

Solexant's nanocrystal solar technology receives USD$41.5 million

Third generation thin film developer Solexant Corp. has secured USD$41.5 million during the first close of a Series C financing round, following the “successful completion” of a two megawatt (MW) pilot line operating at the company’s headquarters.

Meyer Burger wins order for over CHF 25 million

Meyer Burger Technology Ltd has announced a contract for wire saws and wafer inspection systems worth over CHF 25 million (around USD$21 million or €18 million) with Chinese manufacturer JA Solar Holdings Co., Ltd.

German Bundesrat stops solar cuts – updated

A mediation committee concerning the cuts in the promotion of solar energy has been convened by Germany’s Bundesrat upper house of parliament. A key industry figure has said that people should not expect the cuts to be smaller though.

Enphase secures USD$63 million in funding

Microinverter firm Enphase has secured USD$63 million in funding.

MIT launches flight simulator to help set solar prices

A new management flight simulator, aimed at helping users set prices for solar panels, has been launched by the Massachusetts Institute of Technology (MIT).

PSP and BSP sign Strategic Investment Agreement

Prime Sun Power Inc. (PSP) has entered into a Strategic Investment Agreement with Bangkok Solar Power Co., Ltd. (BSP) to acquire up to 6,639,063 shares – worth €40 million (USD$49.5 million) – of PSP Common Stock at a price of €7.73 per share. All shares issued to BSP will be subject to a lock-up period until December 31, 2013.

German solar cuts "hit parliamentary hurdle"

Germany’s Bundesrat upper house of parliament is unlikely to pass cuts to solar incentives, so a mediation committee would be needed to resolve the matter, government sources have told Reuters.

Kyocera starts San Diego solar cell manufacturing line

Kyocera has begun manufacturing solar modules in San Diego, in the U.S. The company’s initial production target is 30 megawatts per year; to begin with the line will include solar modules ranging from 210 watts to the company’s latest 235-watt modules.

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